HYPE jumps 7% as SpaceX pre-IPO contract launches on Hyperliquid
The contract launched on a day $BTC slipped, putting HYPE among the day's rare outperformers as the perps platform broadens its real-world asset lineup.
Bitcoin (BTC) is the first decentralized cryptocurrency, introduced in 2009 by an individual or group operating under the pseudonym Satoshi Nakamoto. It runs on its own blockchain, the Bitcoin network, secured through a Proof of Work consensus mechanism in which miners use computing power to validate transactions and produce new blocks roughly every ten minutes. The protocol defines a hard cap of 21 million coins, and the block reward given to miners is automatically halved approximately every four years, embedding a predictable, disinflationary issuance schedule into the network. This scarcity, combined with permissionless access and resistance to censorship, has led many to characterize Bitcoin as a form of digital gold or a store of value distinct from traditional fiat currencies. Beyond peer-to-peer transfers, the Bitcoin ecosystem has expanded to include Ordinals, a method of inscribing data onto individual satoshis that enables NFT-like assets directly on the base layer, and BRC-20, an experimental fungible token standard built on those inscriptions. Emerging Bitcoin Finance (BTCFi) initiatives extend these capabilities further, allowing BTC to be used in staking, lending, and cross-chain security applications, positioning Bitcoin as a foundation for a broader decentralized financial ecosystem.
The contract launched on a day $BTC slipped, putting HYPE among the day's rare outperformers as the perps platform broadens its real-world asset lineup.
The attack drained 103.6 tBTC, 1,625 ETH, and 147K USDC — small next to April's $293M Kelp DAO hit, but it confirms Phemex's pattern read: bridge and cross-chain messaging rails, not smart contracts,…
The breakdown is macro, not crypto-native: a fresh oil spike paired with rising Treasury yields pulled capital out of risk assets across the board, and $BTC led the move lower.
The reversal hits every US spot BTC fund at once — the first broad-based weekly outflow in seven — and pulled $255M out of spot ETH ETFs the same week.
Geopolitics is back in the driver's seat: a direct Trump threat to Iran pushes oil higher and pulls BTC under the $77K line, with traders now pricing a stickier inflation path.
Blockaid flags the cross-chain bridge as still actively draining, with Peckshield tallying the loss in tBTC, ETH, and USDC so far.
Three of the four indicators are structural rather than cyclical — illiquid supply above 60%, exchange balances down to 15%, SLRV at multi-year lows — so any near-term move is more likely to be met…
The $10B revenue claim is the headline number — the real test is whether insurers outside Iran accept claims paid in BTC while the US sanctions regime still has teeth.
Weekly closes above the 20-week MA are a macro reversal signal, but with price sitting only $2K above it and the 200-day still rejecting, the chart is asking for one more downside test before any…
Bitcoin has dropped below the $77,000 mark, extending a stretch of weakness that has kept the leading cryptocurrency…
More than $526 million was wiped from leveraged crypto positions in a single hour, with long traders absorbing the…
BitMEX co-founder blames AI-driven deflation — layoffs and debt defaults — for neutralising the money-printing tide that bull-case Bitcoin theses have ridden since 2020.
The 21 million BTC supply limit is one of the most cited numbers in crypto, but the protocol will never actually issue…
With Nomura, Daiwa and SMBC-linked Asset Management One circling and an FSA push to fold crypto into the Investment Trust Act by 2028, the world's third-largest economy is engineering a regulated…
Historical cycles show counter-trend rallies running 19–25 weeks before the next low — current rally is at 14, leaving June as the likely pivot, with Q4 the harder test.
A 316,000 BTC monthly accumulation by long-term holders reverses a late-November wave of distribution, signaling conviction buyers are re-absorbing supply at scale.
Thai authorities have raided an illegal Bitcoin mining operation after investigators uncovered more than $81,000 worth…
On May 17, 2010, programmer Laszlo Hanyecz posted an offer on the BitcoinTalk forum: 10,000 BTC in exchange for two…
Michael Saylor, executive chairman of Strategy and the most prominent institutional Bitcoin accumulator in the market…
Incumbents are scaling their own 24/7 infrastructure while asking regulators to treat the offshore venue that pioneered it as a market-integrity threat — the jurisdictional fight decides who runs…
Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto.
Bitcoin (BTC) launched on 2009-01-03.
Bitcoin (BTC) is categorised as: Smart Contract Platform, Layer 1 (L1), FTX Holdings.
The official Bitcoin site is http://www.bitcoin.org.
Most recent Bitcoin coverage: "HYPE jumps 7% as SpaceX pre-IPO contract launches on Hyperliquid" — read at /en-US/a/hype-surges-7-as-spacex-pre-ipo-shares-land-on-hyperliquid.